E78 Partners

SEPTEMBER 21, 2023

Audits, while essential for maintaining the integrity and trustworthiness of an organization’s financial reporting, can be a daunting task. This is not just because of the intricacies and specificities required by the auditing standards but also due to the numerous challenges faced by organizations in the run-up to an audit.

Auditing 52

Auditing General Ledger Reconciliations Accounting Standards 52

The Charity CFO

MAY 10, 2022

So now is the perfect time to make sure you report in kind gift donations in compliance with GAAP standards in 2022. The changes to in kind donation reporting are specifically for organizations that follow generally accepted accounting principles (GAAP) in preparing their financial statements. Why is FASB making this change?

Accounting Standards 98

Accounting Standards Accounting GAAP Nonprofit 98

The Charity CFO

FEBRUARY 2, 2022

If your organization falls into the $50,000-$200,000 range but must complete an annual audit for funding or GAAP purposes, it is wise to skip Form 990-EZ and head straight to the full form. . We recommend you always partner with a CPA familiar with nonprofit accounting to ensure compliance and proper reporting. . Full Form 990.

Nonprofit 98

Nonprofit Profit and Loss Auditing GAAP 98

PYMNTS

DECEMBER 10, 2016

Stock prices opened at $15 but popped pretty immediately thereafter, shooting up 56 percent by the end of the first day — and locking Lending Club’s valuation in at $8.5 Lending Club’s valuation never got much higher than that $10 billion mark, but it did manage to keep its share price above its IPO value for the first half of 2014.

GAAP 73

GAAP Compliance Valuation Auditing 73